Tuesday, July 29, 2014

USD/CAD - Sagging Loonie Drops to Five-Week Lows

The shaky Canadian dollar has resumed its losing ways on Tuesday. USD/CAD has risen to the mid-1.08 level, its highest level since mid-June. On the release front, CB Consumer Confidence stunned the markets, pushing above the 90-point level for the first time since late 2007. There are no Canadian releases



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